ATEC Welcomes EOS Imaging Team
07 Juin 2021 - 3:00PM
Business Wire
Union Will Better Inform Spine Surgery
Regulatory News:
Alphatec Holdings, Inc. (Nasdaq: ATEC), is a provider of
innovative solutions dedicated to revolutionizing the approach to
spine surgery. Centered on a singular vision to better inform
surgery, ATEC today welcomes the EOS imaging (Paris:EOSI) team in a
combination forged to improve the predictability of the patient
experience in spine from diagnosis through follow up.
“I am thrilled to officially welcome EOS’ teams to the ATEC
family,” stated Pat Miles, Chairman and Chief Executive Officer.
“Uniting EOS’ world-class imaging with ATEC’s procedural know-how
will establish a distinct foundation upon which ATEC Informed by
EOSTM can provide surgeons with what they desire most: actionable
information that can be reconciled with the preoperative plan.
EOS-informed surgeries can better achieve alignment objectives and
there is no greater predictor of successful, long-term clinical
outcomes than spinal alignment. Together, as the company that
improves patient lives by best informing spine surgery, we will be
the Standard Bearer in Spine.”
Combining ATEC with EOS, the recognized global leader in
full-body, 2D/3D spine imaging solutions, will create new treatment
standards in spine through:
- REFLECTING THE TECHNOLOGY’S VALUE. The two U.S. sales
forces will be aligned to create a capital and spine hardware
distribution network. The team will extend the clinical value of
EOS technology to both customer bases and introduce EOSedge™, the
next-generation platform recently launched by EOS. Capable of
full-body and localized imaging that delivers superior image
resolution, EOSedge further optimizes radiation dose and has a
fully redesigned, open architecture that significantly expands the
applications for EOS in adults and children.
- INFORMING. The value of EOS extends well beyond imaging.
The ability to obtain an unbiased, calibrated full-body image will
enable a 3D model of patients’ skeletal systems and provide
unprecedented diagnostic and surgical planning capabilities. The
integration of ATEC’s approach-specific solutions into EOS’s 3D
surgical planning platform can better inform surgery and enhance
the predictability of outcomes by allowing surgeons to more
effectively assess the patient’s full body alignment, establish
surgical objectives, and simulate surgery with optimized implants.
Additionally, over time, this information will distinguish ATEC
with an unrivalled ability to deliver more customized instrument
and implant configurations into surgery, reducing
inefficiencies.
- INFLUENCING. Over the intermediate term, the
technological foundation of the EOSedge platform will be further
developed, facilitating an unprecedented ability to reliably
measure bone quality at each vertebral segment. Coupling that
information with an increasingly sophisticated 3D alignment and
surgical planning platform will support the design and delivery of
patient-specific implants, effecting highly customized patient
care.
- PREDICTING. Spine surgery is exceedingly complex. No
surgical specialty has more variables that can meaningfully impact
a patient’s short and long-term outcomes. EOS’ data collection
initiatives will be advanced, enabling the creation and refinement
of predictive algorithms over time. Predictive models will provide
surgeons with critical information throughout the planning phase to
more precisely determine the surgical approach with the highest
probability for a successful outcome.
“The prevalence of EOS’ technology in academic institutions
worldwide is a clear indication of its profound clinical value,”
said Christopher Shaffrey, MD, Chief of the Spine Division at Duke
Neurosurgery and Orthopedic Surgery. “In my practice, EOS’ full
body imaging and 3D modeling capabilities facilitate improved
assessments of spinal deformities and functional alignment,
significantly upgrading patient care. I’m thrilled that ATEC has
embraced EOS’ unique technology. As the company most committed to
perpetual innovation in spine, ATEC is best-equipped to extend EOS’
functionality to truly advance spine surgery with better
information.”
About ATEC
ATEC, through its wholly owned subsidiaries, Alphatec Spine,
Inc., EOS imaging and SafeOp Surgical, Inc., is a medical device
company dedicated to revolutionizing the approach to spine surgery
through clinical distinction. ATEC’s Organic Innovation MachineTM
is focused on developing new approaches that integrate seamlessly
with the Company’s expanding AlphaInformatiX Platform to better
inform surgery and more safely and reproducibly achieve the goals
of spine surgery. ATEC’s vision is to become the Standard Bearer in
Spine. For more information, visit us at www.atecspine.com.
Forward Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainty. Such statements are based on
management's current expectations and are subject to a number of
risks and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.
The Company cautions investors that there can be no assurance that
actual results or business conditions will not differ materially
from those projected or suggested in such forward-looking
statements as a result of various factors. Forward-looking
statements include, but are not limited to, references to the
Company’s expectations with respect to revenue and growth and the
benefits and synergies of the acquisition of EOS imaging, S.A.
Important factors that could cause actual results to differ from
those expressed or implied by such forward-looking statements
include, but are not limited to: failure to achieve acceptance by
the surgeon community; continuation of favorable reimbursement for
the Company’s products; product liability and patent infringement
claims; uncertainties and risks related to the acquisition of EOS
imaging, S.A.; and the impact of COVID-19. The words “believe,”
“will,” “should,” “expect,” “intend,” “estimate,” “look forward”
and “anticipate,” variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. A further
list and description of these and other factors, risks and
uncertainties can be found in the Company's most recent annual
report, and any subsequent quarterly and current reports, filed
with the Securities and Exchange Commission. ATEC disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise, unless required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210607005441/en/
Investor/Media Contact: Tina Jacobsen, CFA Investor
Relations (760) 494-6790 investorrelations@atecspine.com
Company Contact: J. Todd Koning Chief Financial Officer
investorrelations@atecspine.com
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